6513 MADRONE TREE LN 78738
| Owner | PARKS PROPERTIES TEXAS LLC |
|---|---|
| Parcel ID | 0121860208 |
| Short ID | 953247 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 36,399 SF |
| Acres | 0.836 |
| Year Built | — |
| Legal | LOT 58 BLK A MADRONE CANYON |
| Neighborhood | P5180 |
| Land | $559,141 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $559,141 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $559,141 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $559,141 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $559,141 |
| Taxable Value | $559,141 |
|---|
Appreciation: Market value has risen +148.5% from $225,000 (2022) to $559,141 (2025), a CAGR of 35.5% over 3 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +53.5%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.6240% in 2025 (+0.0184% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $14,672. Lake Travis ISD is the largest single contributor, at 39.6% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 100% of market value ($559,141 land vs $0 improvements), about $15/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $559,141, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +8.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $469,462 by 2031, with an estimated annual tax burden around $11,290. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $4,015.84 | $4,015.84 | Paid |
| U5L Lazy Nine MUD #1A | 1.0000% | 1.0000% | 1.0000% | 1.0000% | 1.0000% | +0.0000% | $3,862.50 | $3,862.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,451.70 | $1,451.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $455.86 | $455.86 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $349.17 | $349.17 | Paid |
| Combined Rate | 2.7993% | 2.7157% | 2.5625% | 2.6056% | 2.6240% | +0.0184% | $10,135.07 | $10,135.07 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $4,015.84 | 39.6% |
| U5L Lazy Nine MUD #1A | 1.0000% | $3,862.50 | 38.1% |
| TCO Travis County | 0.3758% | $1,451.70 | 14.3% |
| THD Travis Central Health | 0.1180% | $455.86 | 4.5% |
| E06 Travis County ESD # 06 | 0.0904% | $349.17 | 3.4% |
| Total | 2.6240% | $10,135.07 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $311,994 | $559,141 | -44.2% |
| Assessed Value | $311,994 | $559,141 | -44.2% |
| Land Value | $311,994 | $559,141 | -44.2% |
| Improvement Value | — | — | — |
| Taxable Value | $311,994 | $559,141 | -44.2% |
| Total Tax 2026 = estimate |
~$8,187
Estimated
|
~$10,135
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $311,994 | $311,994 | — | — | $311,994 | $311,994 | Not yet — post-cert | Preliminary |
| 2025 | $559,141 | $559,141 | — | — | $559,141 | $559,141 | ~$10,135 | Partial |
| 2024 | $559,141 | $559,141 | — | — | $559,141 | $559,141 | $14,569 | Verified |
| 2023 | $543,140 | $543,140 | — | — | $543,140 | $543,140 | $13,918 | Verified |
| 2022 | $225,000 | $225,000 | — | — | $225,000 | $225,000 | $6,110 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -44.2% | -44.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +2.9% | +2.9% | ~100% | No billing data | Verified |
| 2023 | +141.4% ! | +141.4% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +148.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -44.2% | +25.0% | +8.5% | +141.4% | 2023 | -44.2% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| Effective Tax Rate (2025) | 1.8100% | 1.8100% | — | 1.8100% | 2025 | 1.8100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$10,135 | $11,183 | ~$9,975 | $14,569 | 2024 | $6,110 | 2022 |
Market value changed by 141% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$338,561 | ~$338,561 | ~2.5801% | ~$8,735 | +8.5% |
| 2028 | ~$367,391 | ~$367,391 | ~2.5363% | ~$9,318 | +17.8% |
| 2029 | ~$398,675 | ~$398,675 | ~2.4925% | ~$9,937 | +27.8% |
| 2030 | ~$432,623 | ~$432,623 | ~2.4487% | ~$10,593 | +38.7% |
| 2031 | ~$469,462 | ~$469,462 | ~2.4048% | ~$11,290 | +50.5% |
| 2027 | ~$332,321 | ~$332,321 | ~2.6240% | ~$8,720 | +6.5% |
| 2028 | ~$353,973 | ~$353,973 | ~2.6240% | ~$9,288 | +13.5% |
| 2029 | ~$377,035 | ~$377,035 | ~2.6240% | ~$9,893 | +20.8% |
| 2030 | ~$401,600 | ~$401,600 | ~2.6240% | ~$10,538 | +28.7% |
| 2031 | ~$427,766 | ~$427,766 | ~2.6240% | ~$11,224 | +37.1% |
| 2027 | ~$344,801 | ~$344,801 | ~2.5582% | ~$8,821 | +10.5% |
| 2028 | ~$381,058 | ~$381,058 | ~2.4925% | ~$9,498 | +22.1% |
| 2029 | ~$421,127 | ~$421,127 | ~2.4267% | ~$10,220 | +35.0% |
| 2030 | ~$465,410 | ~$465,410 | ~2.3610% | ~$10,988 | +49.2% |
| 2031 | ~$514,349 | ~$514,349 | ~2.2953% | ~$11,806 | +64.9% |
In 2025, this property's market value of $559,141 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 7× the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $559,141 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $559,141 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $543,140 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $225,000 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2022–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |